Qubag

Hyderabad, India Founded: 2015 • Age: 11 yrs
Online platform offering slot games via Pragmatic Play and secure QRIS transactions.

About Qubag

Qubag was a Consumer company based in Hyderabad (India) founded in 2015 by Suraj Raparla and Rohit Penmethsa. Online platform offering slot games via Pragmatic Play and secure QRIS transactions. It operates on a D2C model. Its Indian entity Raffen Online Services Private Limited reported revenue of β‚Ή9.78 Cr. The company is recorded as dissolved. Qubag offers products and services including Gates Of Olympus, Gate Of Gatot Kaca, Sweet Bonanza, Starlight Princess, and Sugar Rush. Its focus areas include Entertainment, Gaming Tech, Online Casinos and Slot Games. Similar companies include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed similar companies have raised funding.

Company details

TRISULA88 is an online gaming site that features slot games from Pragmatic Play, allowing users to play with simple QRIS payments. It enables transactions as low as 10,000 IDR without extra fees, aiming to make gaming accessible and secure. The platform includes various games with high RTP for better winning chances, focusing on ease of use and minimal transaction errors. No specific location is mentioned, but it targets users for online entertainment.

Key Metrics
  • Annual Revenue
    ₹9.78 Cr

    FY 2021 · +397% YoY

  • Net Profit
    ₹25 Lakh

    FY 2021 · 3% margin

  • EBITDA
    ₹31.3 Lakh

    FY 2021 · 3% margin

Products & Services of Qubag

Qubag offers a comprehensive portfolio of products and services, including Gates Of Olympus, Gate Of Gatot Kaca, Sweet Bonanza, Starlight Princess, and Sugar Rush.

Gates Of Olympus
Slot Game

Slot game with high RTP for jackpot opportunities.

Gate Of Gatot Kaca
Slot Game

Action-packed slot game offering winning chances.

Sweet Bonanza
Slot Game

Fruit-themed slot with potential for big payouts.

Starlight Princess
Slot Game

Fantasy slot game with engaging graphics.

Sugar Rush
Slot Game

Sweet-themed slot providing fast-paced gameplay.

Board of directors of Raffen Online Services Private Limited (Qubag)

Raffen Online Services Private Limited is the primary company behind Qubag. The board of Raffen Online Services Private Limited currently have 2 directors; the longest-serving is Raparla Sai Suraj, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Raparla Sai Suraj
DIN 07362705
Director21 Jan 201610 yrs 9 moRaffen Online Services Private Limited
Rohit Penmethsa
DIN 07412079
Director21 Jan 201610 yrs 9 moRaffen Online Services Private Limited

People of Qubag

2 people are tracked at Qubag (2 in leadership).

NameRoleGroup
FounderLeadership
FounderLeadership
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Financials of Qubag

Figures of Raffen Online Services Private Limited, the primary company behind Qubag, for FY 2021. Revenue was ₹9.78 Cr (+397% year on year). Net profit was ₹25 Lakh (3% margin). EBITDA was ₹31.3 Lakh (3% margin). Revenue has grown at a compounded annual rate of +1275% over three years.

  • ₹9.78 CrRevenue · FY 2021 · +397% YoY
  • ₹25 LakhNet profit · 3% margin
  • ₹31.3 LakhEBITDA · 3% margin
  • ₹1 LakhPaid-up capital
  • +1275%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Raffen Online Services Private Limited are on its company page.

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Detailed financial statements for Qubag

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Similar companies to Qubag

Qubag has 3 listed similar companies in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blinkit.com2013Gurugram, India$757.52M5,975
Instant delivery of groceries and essentials is facilitated online.
bigbasket.com2011Bengaluru, India$943.07M22,095
Personal and household products are delivered via an e-commerce platform.
swiggy.com2014Bengaluru, India$3.62B4,953
Food and grocery items are ordered via an online network.
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Detailed similar companies of Qubag

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Top companies in Gambling & Entertainment Platforms

3 companies that operate in the same segment as Qubag (Gambling & Entertainment Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online skill-based games are developed across platforms and genres.
2010Delhi, Delhi, IndiaUSD 1.79 MUSD 166.95 M699
An online platform for skill-based gaming competitions is provided.
2019Gurugram, Haryana, IndiaUSD 25.96 MUSD 11.28 M39
Provider of online skill-based gaming platforms
2005Hyderabad, Telangana, IndiaUSD 81.87 MUSD 128.91 M529
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Frequently Asked Questions about Qubag

Qubag was founded in 2015.

Qubag is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

The primary company behind Qubag, Raffen Online Services Private Limited, reported revenue of β‚Ή9.78 Cr for FY 2021, up 397% year on year.

TRISULA88 is an online gaming site that features slot games from Pragmatic Play, allowing users to play with simple QRIS payments. It enables transactions as low as 10,000 IDR without extra fees, aiming to make gaming accessible and secure. The platform includes various games with high RTP for better winning chances, focusing on ease of use and minimal transaction errors. No specific location is mentioned, but it targets users for online entertainment.

Qubag's top competitors include Swiggy, Bigbasket and Blinkit.

Qubag offers Gates Of Olympus, Gate Of Gatot Kaca, Sweet Bonanza, Starlight Princess, and Sugar Rush.

Qubag operates through Raffen Online Services Private Limited.

The legal entities of Qubag currently have 2 directors, including Raparla Sai Suraj, Rohit Penmethsa.

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